The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGROFRESH SOLUTIONS COM 00856G109 907 145,600 SH Put DFND   145,600 0 0
AGROFRESH SOLUTIONS COM 00856G109 907 145,600 SH   DFND   145,600 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,273 55,000 SH Put DFND   55,000 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 436 25,000 SH   DFND   25,000 0 0
ANADARKO PETE CORP COM 032511107 3,371 50,000 SH Put DFND   50,000 0 0
ANADARKO PETE CORP COM 032511107 1,281 19,000 SH   DFND   19,000 0 0
APPLE INC COM 037833100 7,901 35,000 SH Put DFND   35,000 0 0
APPLE INC COM 037833100 1,061 4,700 SH   DFND   4,700 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 722 81,451 SH   DFND   81,451 0 0
BANK AMER CORP COM 060505104 2,946 100,000 SH Call DFND   100,000 0 0
BANK AMER CORP COM 060505104 9,427 320,000 SH Put DFND   320,000 0 0
BANK AMER CORP COM 060505104 4,813 163,386 SH   DFND   163,386 0 0
BARCLAYS BK PLC IPATH S&P MT ETN 06740Q260 264 15,436 SH   DFND   15,436 0 0
BARRICK GOLD CORP COM 067901108 166 15,000 SH Call DFND   15,000 0 0
BARRICK GOLD CORP COM 067901108 23 2,036 SH   DFND   2,036 0 0
BLINK CHARGING CO *W EXP 01/31/202 09354A118 96 113,732 SH   DFND   113,732 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 5,587 90,000 SH Put DFND   90,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 608 9,800 SH   DFND   9,800 0 0
CARNIVAL PLC ADR 14365C103 945 14,982 SH   DFND   14,982 0 0
CISCO SYS INC COM 17275R102 3,162 65,000 SH Call DFND   65,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 8,625 40,000 SH Call DFND   40,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 755 3,500 SH   DFND   3,500 0 0
CRAWFORD & CO CL B 224633107 385 41,772 SH   DFND   41,772 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,673 45,000 SH Call DFND   45,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,673 45,000 SH Put DFND   45,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,241 33,400 SH   DFND   33,400 0 0
DEL TACO RESTAURANTS INC *W EXP 06/30/202 245496112 1,937 842,306 SH   DFND   842,306 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 2,432 25,044 SH   DFND   25,044 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 853 14,750 SH   DFND   14,750 0 0
DOMINION ENERGY INC COM 25746U109 3,879 55,200 SH Call DFND   55,200 0 0
DOMINION ENERGY INC UNIT 08/15/2019 25746U836 18,500 391,778 SH   DFND   391,778 0 0
ELECTRONIC ARTS INC COM 285512109 2,109 17,500 SH Call DFND   17,500 0 0
ELECTRONIC ARTS INC COM 285512109 2,109 17,500 SH Put DFND   17,500 0 0
ELECTRONIC ARTS INC COM 285512109 1,084 9,000 SH   DFND   9,000 0 0
EXXON MOBIL CORP COM 30231G102 7,184 84,500 SH Call DFND   84,500 0 0
EXXON MOBIL CORP COM 30231G102 3,826 45,000 SH Put DFND   45,000 0 0
FACEBOOK INC CL A 30303M102 4,112 25,000 SH Put DFND   25,000 0 0
FACEBOOK INC CL A 30303M102 4,605 28,000 SH   DFND   28,000 0 0
FALCON MINERALS CORP *W EXP 07/21/202 30607B208 432 254,000 SH   DFND   254,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 350 37,843 SH   DFND   37,843 0 0
FORTIVE CORP 5% PFD CNV SER A 34959J207 9,359 8,740 SH   DFND   8,740 0 0
FREEPORT-MCMORAN INC CL B 35671D857 418 30,000 SH   DFND   30,000 0 0
GDS HLDGS LTD SPONSORED ADR 36165L108 2,635 75,000 SH Put DFND   75,000 0 0
GENERAL ELECTRIC CO COM 369604103 565 50,000 SH Call DFND   50,000 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 811 49,159 SH   DFND   49,159 0 0
GENERAL MTRS CO COM 37045V100 340 10,087 SH   DFND   10,087 0 0
HEICO CORP NEW CL A 422806208 426 5,645 SH   DFND   5,645 0 0
HERBALIFE NUTRITION LTD COM SHS G4412G101 4,233 77,600 SH Put DFND   77,600 0 0
HIGHLAND FLOATNG RATE OPPRT SHS BEN INT 43010E404 12,024 779,778 SH   DFND   779,778 0 0
HOME DEPOT INC COM 437076102 957 4,618 SH   DFND   4,618 0 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 709 669,479 SH   DFND   669,479 0 0
INTL PAPER CO COM 460146103 492 10,000 SH   DFND   10,000 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 78,590 707,000 SH Call DFND   707,000 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 45,665 410,800 SH Put DFND   410,800 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 745 6,700 SH   DFND   6,700 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 734 63,963 SH   DFND   63,963 0 0
INVESCO SR INCOME TR COM 46131H107 644 149,674 SH   DFND   149,674 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 3,710 110,000 SH Put DFND   110,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 1,079 32,000 SH   DFND   32,000 0 0
ISHARES INC MSCI STH AFR ETF 464286780 373 6,946 SH   DFND   6,946 0 0
ISHARES TR 20 YR TR BD ETF 464287432 62,739 535,000 SH Call DFND   535,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,173 10,000 SH Put DFND   10,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,290 11,000 SH   DFND   11,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 685 16,000 SH Call DFND   16,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 31,858 744,000 SH Put DFND   744,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 7,676 179,272 SH   DFND   179,272 0 0
ISHARES TR IBOXX HI YD ETF 464288513 210,533 2,435,600 SH Put DFND   2,435,600 0 0
ISHARES TR JPMORGAN USD EMG 464288281 10,781 100,000 SH Call DFND   100,000 0 0
ISHARES TR JPMORGAN USD EMG 464288281 35,484 329,135 SH   DFND   329,135 0 0
ISHARES TR MSCI EAFE ETF 464287465 3,400 50,000 SH Call DFND   50,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 50,993 750,000 SH Put DFND   750,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,904 28,000 SH   DFND   28,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,073 25,000 SH Call DFND   25,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 13,949 325,000 SH Put DFND   325,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 8,428 50,000 SH Put DFND   50,000 0 0
ISHARES TR USA MOMENTUM FCT 46432F396 1,075 9,030 SH   DFND   9,030 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 956 21,997 SH   DFND   21,997 0 0
LINDBLAD EXPEDITIONS HLDGS I *W EXP 07/08/202 535219117 538 131,138 SH   DFND   131,138 0 0
MICROSOFT CORP COM 594918104 6,290 55,000 SH Call DFND   55,000 0 0
MICROSOFT CORP COM 594918104 9,150 80,000 SH Put DFND   80,000 0 0
MICROSOFT CORP COM 594918104 10,865 95,000 SH   DFND   95,000 0 0
NEWELL BRANDS INC COM 651229106 974 48,000 SH Call DFND   48,000 0 0
NEWMONT MINING CORP COM 651639106 227 7,500 SH Call DFND   7,500 0 0
NEWMONT MINING CORP COM 651639106 91 3,012 SH   DFND   3,012 0 0
NEXEO SOLUTIONS INC *W EXP 06/09/202 65342H110 629 620,084 SH   DFND   620,084 0 0
NIKE INC CL B 654106103 3,177 37,500 SH Call DFND   37,500 0 0
NIKE INC CL B 654106103 1,694 20,000 SH Put DFND   20,000 0 0
NIKE INC CL B 654106103 1,059 12,500 SH   DFND   12,500 0 0
NORFOLK SOUTHERN CORP COM 655844108 23,465 130,000 SH Call DFND   130,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,083 6,000 SH   DFND   6,000 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 939 117,755 SH   DFND   117,755 0 0
PALO ALTO NETWORKS INC COM 697435105 4,505 20,000 SH Put DFND   20,000 0 0
PGIM SHORT DURATION HIGH YIE COM 69346H100 972 68,749 SH   DFND   68,749 0 0
PROSHARES TR II SHT VIX ST TRM 74347W130 430 7,276 SH   DFND   7,276 0 0
RESTORATION HARDWARE HLDGS I DBCV 7/1 761283AC4 1,082 875,000 PRN   DFND   875,000 0 0
ROSEHILL RES INC *W EXP 09/16/202 777385113 125 109,000 SH   DFND   109,000 0 0
SCANA CORP NEW COM 80589M102 156 4,000 SH Put DFND   4,000 0 0
SCANA CORP NEW COM 80589M102 156 4,000 SH   DFND   4,000 0 0
SCHLUMBERGER LTD COM 806857108 3,667 60,200 SH Call DFND   60,200 0 0
SCHLUMBERGER LTD COM 806857108 61 1,000 SH Put DFND   1,000 0 0
SCHLUMBERGER LTD COM 806857108 244 4,000 SH   DFND   4,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,079 20,000 SH Call DFND   20,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 3,775 70,000 SH Put DFND   70,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2,171 40,250 SH   DFND   40,250 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 5,265 100,000 SH Put DFND   100,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,001 38,000 SH   DFND   38,000 0 0
SEMPRA ENERGY 6% PFD CONV A 816851406 7,138 70,789 SH   DFND   70,789 0 0
SEMPRA ENERGY 6.75% CNV PFD B 816851505 315 3,090 SH   DFND   3,090 0 0
SHIRE PLC SPONSORED ADR 82481R106 363 2,000 SH   DFND   2,000 0 0
SIMPLY GOOD FOODS CO COM 82900L102 1,120 57,570 SH   DFND   57,570 0 0
SIRIUS XM HLDGS INC COM 82968B103 1,813 286,800 SH Put DFND   286,800 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,217 64,000 SH Call DFND   64,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 216,586 745,000 SH Call DFND   745,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 36,921 127,000 SH Put DFND   127,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,951 10,149 SH   DFND   10,149 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 9,730 26,480 SH   DFND   26,480 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 2,397 25,000 SH Call DFND   25,000 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 5,752 60,000 SH Put DFND   60,000 0 0
THIRD PT REINS LTD COM G8827U100 825 63,485 SH   DFND   63,485 0 0
TOLL BROTHERS INC COM 889478103 2,477 75,000 SH Put DFND   75,000 0 0
TOLL BROTHERS INC COM 889478103 99 3,000 SH   DFND   3,000 0 0
TRIBUNE MEDIA CO CL A 896047503 826 21,504 SH   DFND   21,504 0 0
TURQUOISE HILL RES LTD COM 900435108 901 425,000 SH Put DFND   425,000 0 0
TURQUOISE HILL RES LTD COM 900435108 636 300,000 SH   DFND   300,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 3,754 202,700 SH Call DFND   202,700 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 5,556 300,000 SH Put DFND   300,000 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,368 50,000 SH Call DFND   50,000 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 566 20,684 SH   DFND   20,684 0 0
VIRTUS INVT PARTNERS INC PFD CV SER D 92828Q208 3,457 35,000 SH   DFND   35,000 0 0
VISTRA ENERGY CORP COM 92840M102 2,463 99,000 SH Call DFND   99,000 0 0
VISTRA ENERGY CORP COM 92840M102 612 24,600 SH Put DFND   24,600 0 0
VISTRA ENERGY CORP UNIT 02/02/2024 92840M300 12,737 130,820 SH   DFND   130,820 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 1,067 214,177 SH   DFND   214,177 0 0
WEIBO CORP SPONSORED ADR 948596101 505 6,900 SH Call DFND   6,900 0 0
ZIONS BANCORPORATION *W EXP 05/22/202 989701115 9,897 552,914 SH   DFND   552,914 0 0
ZIONS BANCORPORATION COM 989701107 17,552 350,000 SH Call DFND   350,000 0 0